Boilerplate Severance Clause
This legal template focuses on providing guidance regarding the inclusion of a boilerplate severance clause within a contract or agreement under UK law. Severance clauses are inserted into contracts to outline the rights and obligations of parties involved in case of a termination of the agreement. The template covers various aspects of severance, such as the circumstances triggering the clause, the procedures to be followed, the entitlements and benefits of the parties post-termination, and any post-termination restrictions or obligations. Additionally, the template likely addresses considerations specific to UK employment law, ensuring compliance with relevant statutory requirements and regulations. It aims to provide a framework for drafting a comprehensive and legally sound boilerplate severance clause that adequately protects the interests of all parties involved while adhering to the UK legal framework.
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